Why the content on this site isn’t exclusively FIRE…

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It’s a constant challenge to write new, engaging content.

I’ve seen some comments online that the content on the FIRE blogs has become stagnant and repetitive and lack the originality they once did. And that really (probably unnecessarily) irked me; not least because the majority of people who write these sorts of blogs are doing it in their own time and for free.

Now I certainly don’t feel this is the case and have, if anything, had my eyes opened up to all manner of interesting ideas on the psychology of money and organisation, not directly related to FIRE, from tonnes of different blogs.

To be frank, the principles of FIRE, by its very nature, are boring. That’s not to say that this is a bad thing. It’s a testament to creating wealth passively and streamlining your finances as much as possible so it runs like clockwork.

It can be a difficult thing to achieve, but is incredibly rewarding if you manage to do it.

As a result, it’s difficult to find something new to write about; all the older blogs (and way better researched ones than this one) have already covered everything.

There’s not much else to say more than passive investing, reduce expenses, emergency fund, pay down high interest debt and live within your means.

This often frustrates many on online forums dedicated to FIRE, that discussing any other form of financial topic or investing strategy is immediately shot down and criticised for not following the Warren Buffet mantra. It’s partly why I started my ‘fun’ Freetrade portfolio alongside my main, passive fund investments.

But as someone who only semi follows FIRE I’m happy to explore and write about other areas of the finance, banking and investing world.

That’s why I don’t fully dedicate this blog to FIRE. In fact, the majority of the content hasn’t been directly related to it. But it’s the small things you might take away from reading blogs and books like this that can influence decisions you make in other areas of your life, even if not initially intended.

I stumbled onto the FIRE forums by pure coincidence having been interested in some other aspect of finance.

I learnt about savings and interest rates and had a basic understanding of the difference between passive and active investing, THEN I found out there was an awesome collection of dedicated people retiring in their 30s and 40s, not because they’d come into an inheritance (although that might sometimes be the case) or because they earn £1million a year (although this often seems like the case with the wages being discussed on these forums), but because they had optimised their financial lives with the utmost efficiency…and I found that really cool.

I think I’m just trying to convey that FIRE is awesome, but you can read a few posts on Mr Money Mustache’s site and pretty much know 90% of all you’ll ever need to know.

I just want to continue spreading the message of the FIRE movement, while offering readers a wider contextual understanding of the world of finance, the markets and maybe some niche finance related tit bits along the way.

Speaking of niche, this Friday I’ll be releasing a new post about a particular financial crash during the 80s, the likes of which you may not even know happened.

4 thoughts on “Why the content on this site isn’t exclusively FIRE…

  1. Most of the FIRE blogs I read regularly are of the ‘personal journey’ variety because as you say, FIRE principles are pretty boring and repetitive – it’s the personal aspect of these blogs which I find interesting. I don’t tend to read any of the ‘how to’ type FIRE blogs as it’s the same old thing recycled over and over again.

    For my part, I’m not too bothered if some might find my blog stagnant – six years will do that for any blog which is written for free in my spare time! Those who criticise should try it themselves to see how difficult it is to maintain a blog.

    There’s only really one target audience who I need to continue to be interested in the blog and that’s me, because if I’m not interested, I wouldn’t be taking the time to write it!

    I tend to avoid FIRE forums – I find the posters to be more akin to FIRE zealots and find I don’t have a lot in common with them.

    Anyway, I look forward to reading the non-FIRE stuff you have planned! :-

    Liked by 2 people

    1. I think that’s my issue, I’ve substituted social media for online forums. I love the personal journey blogs, they’re what got me into FIRE originally when I used to stay updated by keeping them all on my favourite tab on my work computer and gradually kill the first half hour of my day clicking through for updates.

      Liked by 1 person

    2. I used to check out the MMM forums somewhat frequently but it started getting a bit too “this is the one way to do things” and “my frugality is better than yours” in some places. Heaven forbid you don’t like cycling that much on that forum!

      An interesting question though – for someone brand new to FIRE and the concepts – where would you point them to? My own first experience was MMM. Yes, the basics are boring and repetitive now that I know them, but the financial literacy of some people I know in real life is astoundingly bad. Like, they don’t understand APRs at all – they only care if they can afford the monthly payment.

      The ‘personal journey’ at least gives us a protagonist we can relate to and we can see how they progress through their journey, perhaps doing or thinking things in a different way to ourselves which adds a bit of colour to the discussions.

      Liked by 1 person

      1. “My frugality is better than yours” made me chuckle haha…

        For someone who is just getting started with FIRE I probably wouldn’t even point them towards a FIRE dedicated source purely because it could become a little bit of an eco-chamber which isn’t always helpful a the start. The best resource on the internet for me, and the place that sparked my interest in personal finance in general, was r/UKPersonalFinance on Reddit. It has the broadest range of salaries and questions I’ve found on any forum and the resources are fantastic all created for free (there’s a link on my resources page somewhere).

        Once they have that nailed down I’d probably recommend personal journey bloggers who are aiming for/ or have reached FIRE but not through living off of lentils and tap water and who seem to enjoy life at the same time…such as yourself, or Weenie at Quietly Savings, Ditch the Cave or Barney at the Escape Artist.

        I read a great article the other day (I can’t remember who the author or it was for the life of me) about the inverse latte factor. I think someone new to it also realises they don’t have to sweat the small stuff like takeaway coffee as long as its accounted for in your budget. Yes, be aware of the impact of fees too, but don’t think about it so much you delay putting money in or never get around to it. Get it in and tweak later.

        Like

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